Group 1 - The current policy is positively oriented and is expected to boost the building materials sector, which has been in decline alongside real estate in recent years [1] - High-frequency data indicates that various sub-industries within building materials have reached profit bottoms, with cement and fiberglass expected to bottom out in Q1 2024, and float glass in September 2024 [1] - Demand-side factors include significant government meetings focusing on stabilizing the real estate market, with urban renewal initiatives likely to drive demand for construction materials such as pipes, waterproofing, and coatings [1] Group 2 - The building materials ETF (159745) is the largest in the market, closely tracking the CSI All-Share Building Materials Index, and is expected to benefit from the recovery in consumption and the real estate market [2] - Investors without stock accounts can access building materials investment opportunities through the building materials ETF's connecting fund (013020) [3] - As of July 21, 2025, the building materials ETF has a scale of 1.111 billion, ranking first among similar products [3]

Group 1 - The core viewpoint of the news highlights a significant inflow of over 500 million units into the building materials ETF (159745), driven by optimistic market sentiment regarding demand recovery due to the commencement of the Yarlung Tsangpo River downstream hydropower project [1] - The Yarlung Tsangpo River downstream hydropower project, which began construction on July 19, will involve the establishment of five tiered power stations over a ten-year period, with a total investment of approximately 1.2 trillion yuan [1] - The project is expected to stimulate demand for essential building materials such as steel, cement, non-ferrous metals, and waterproof materials, acting as a stabilizer against short-term demand fluctuations [1] Group 2 - The Ministry of Industry and Information Technology announced that a growth stabilization plan for ten key industries, including steel, non-ferrous metals, petrochemicals, and building materials, is set to be released, indicating a move towards supply-side reform 2.0 [1] - The building materials ETF (159745) is the largest in the market, closely tracking the CSI All Share Construction Materials Index, and is positioned to benefit from the recovery in consumption and the real estate market [2] - As of July 21, 2025, the building materials ETF has a scale of 1.111 billion yuan, ranking first among three similar products, indicating strong market interest and potential for growth in the building materials sector [2]

Group 1 - The core viewpoint is that state-owned enterprises are significantly enhancing their support for Tibet's high-quality development, with 16 central enterprises signing investment agreements for 75 industrial projects totaling 317.54 billion yuan [1] - The signed projects primarily focus on critical areas such as clean energy, green minerals, electric communication, and infrastructure, which are urgently needed in Tibet [1] - There is an anticipated surge in demand for cement and building materials due to the aid projects, with local leading companies expected to benefit from the logistics constraints [1] Group 2 - The building materials sector is expected to see a sustained improvement in fundamentals, particularly in the context of the previous supply-side reforms, which led to a cumulative increase of 45.75% in the building materials industry by the end of 2017 [1] - The Building Materials ETF (159745) closely tracks the CSI All Share Building Materials Index, focusing on the performance of the building materials industry [1] - With the recovery of consumption and the real estate market, the building materials industry is poised for a new growth cycle [1]